- profit and loss
- prof′it and loss′n.bus the gain and loss arising from commercial transactions, esp. as shown on a balance sheet•Etymology: 1580–90
From formal English to slang. 2014.
profit and loss
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Profit and Loss — may refer to:* Profit Loss , monthly business magazine founded in July 1999 especializing in Foreign exchange market and derivative markets * Profit and Loss ( DS9 episode), the eighteenth episode of the second season of the television series… … Wikipedia
profit and loss — noun A profit and loss statement; an income statement. Syn: P and L, P L … Wiktionary
profit and loss account — index budget Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss account … Law dictionary
profit and loss statement — index ledger Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss statement … Law dictionary
profit and loss — noun Date: 1588 a summary account used at the end of an accounting period to collect the balances of the nominal accounts so that the net profit or loss may be shown … New Collegiate Dictionary
profit and loss — the gain and loss arising from commercial or other transactions, applied esp. to an account or statement of account in bookkeeping showing gains and losses in business. [1580 90] * * * … Universalium
profit and loss account. — See income account (def. 2). [1720 30] * * * … Universalium
loss — n 1: physical, emotional, or esp. economic harm or damage sustained: as a: decrease in value, capital, or amount compare gain b: an amount by which the cost of something (as goods or services) exceeds the selling price compare … Law dictionary
Profit (economics) — In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs (both explicit and implicit) of a venture to an entrepreneur or investor, whilst economic profit (also abnormal, pure,… … Wikipedia
Profit (accounting) — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Profit tax — in Hong Kong is Direct tax and also classified into Income tax.According to Cap.112 Hong Kong Ordinance, Inland Reveue Ordinance (in short, IRO) IRO Section 14, unless otherwise provides, profit tax shall be charged at the standard rate on any… … Wikipedia
